Amyris (AMRS) Worth Watching: Stock Rises 5.9% in Session

Amyris, Inc.AMRS was a big mover last session, as the company saw its shares rise nearly 6% on the day. Shares gained after the company announced a transformative strategic collaboration with a leader in the food ingredients and nutraceuticals space. The news led to far more shares changing hands than in a normal session resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 90.7% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Amyris currently carries a Zacks Rank #2 (Buy), while itsEarnings ESP is 0.00%.

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